Pension forecasting tool

If you are unsure if a pension is right for you, please seek financial advice. Please note that during any transfer, your investments will be out of the market. Capital at risk. Pension rules apply.

That second part is where we come in. Your projected monthly personal contributions could be less, as you may benefit from a government top up. For the purposes of this pension forecast, we've assumed you'll increase your contribution in line with inflation. We keep it simple.

Choose your investment style and risk level and our in-house investment team will manage a globally diversified portfolio on your behalf. Select an investment style and risk level and our in-house investment team will manage a globally diversified portfolio on your behalf. Bring your pensions under one roof with Nutmeg. The charges for your plan may be different. Higher rate tax payers may be able to claim extra tax relief. This applies to all contributions you make to other plans you may have with us and other providers.

This is called the annual allowance. Your projected monthly income is taxable and is based on the remaining fund after the tax-free cash sum is paid. Our other retirement planning tools.

Retirement planner Tell us how much income you're looking for when you retire, give us a few personal details and we'll let you know if you're on track. Risk profiler Get an idea of your attitude to risk by answering 12 simple questions. Speak to a financial adviser We recommend that you speak to a financial adviser before making any changes to your plan. A flexible way to fund retirement You can take money directly from your pension to suit your needs and keep the rest invested with income drawdown.

Get a guaranteed income for life Use your pension to buy an annuity, which will pay you a regular guaranteed income for the rest of your life. Start planning. Pension Wise This government service offers free and impartial guidance on your retirement options, either over the phone or face to face. Visit Pension Wise.

Pension articles Take a look at our library of helpful articles and guides. Leave your money where it is for now Not touching your money right away could make a difference to the size of your pension pot.

See what could happen to your pot. Mix and match your retirement options Choosing a few retirement options rather than just one could help you get the retirement lifestyle you're after.

Choose a few retirement options. Read more. Explore guidance and advice. Taking part of your pension There are a few different ways to take your money as you approach retirement. Take some of your money. Taking all your pension in cash See the impact of withdrawing your pension money as one lump sum — and what you can do instead.